Nationwide cracks down on buyers who borrow from 'Bank of Mum and Dad' for home deposit

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Nationwide cracks down on buyers who borrow from 'Bank of Mum and Dad' for home deposit
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  • 📰 The Independent
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Prospective homeowners will have to demonstrate they have saved three-quarters of their deposit themselves

has introduced new rules that mean first-time home buyers cannot rely on the “Bank of Mum and Dad” stumping up most of the cash for their deposit.

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The Independent /  🏆 80. in UK

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